More credit bureau complaints going unheard
Credit bureaus are dismissing more consumer complaints under the Trump administration, a ProPublica investigation found. Joel Jacobs, data reporter for ProPublica, joins to break down his findings.
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Credit bureaus are dismissing more consumer complaints under the Trump administration, a ProPublica investigation found. Joel Jacobs, data reporter for ProPublica, joins to break down his findings.
"CBS Saturday Morning" dives into ways people can raise and maintain their credit score.
Only one in four Americans has a credit score above 800, which is considered exceptional, according to industry data.
More parents are getting a head start on establishing their kids' credit ratings. CBS News national consumer correspondent Ash-Har Quraishi reports.
A mom of two young children told "CBS Mornings" how she's teaching her kids about financial responsibility while building their credit.
New delinquency reports will hurt the credit scores of borrowers who fail to make payments on their student loans.
Unpaid medical bills will no longer appear on credit reports under a final rule announced by the Biden administration.
A new rule issued by the outgoing Biden administration will ban medical debt from appearing on people's credit reports. It's estimated the move will raise credit scores for around 15 million Americans by an average of 20 points. Nancy Cordes reports.
One-third of Americans who rent may not realize their payments don't necessarily contribute to their credit score. Bilt Rewards offers renters the chance to report payments, earn rewards, and track mortgage progress. Founder and CEO Ankur Jain explains a new program that will give homebuyers rewards, too.
The Biden administration has unveiled a plan to prevent medical debt from bringing down credit scores. If enacted, the policy would impact millions of people in the U.S., where one in 12 people are estimated to have outstanding medical debt. CBS News senior consumer investigative correspondent Anna Werner has more.
People shouldn't have to make "a horrible choice between their physical health and their financial health," New York Governor Kathy Hochul said.
The White House said the Consumer Financial Protection Bureau will develop new regulations that would prevent unpaid medical bills from being counted on credit reports.
Lawmakers urges credit reporting agency to compensate consumers who were adversely affected by its error.